Tag: blockchain

November 07, 2023 BY Elizabeth Anderson

LHV founder Rain Lõhmus’ gains and loses $474m from Ethereum wallet

The account, which was originally filled with ETH, purchased during Ethereum’s Initial Coin Offering in 2014, first registered at $75,000. Now sitting at $474m, Lõhmus’ lost wallet represents an investment that has grown approximately 6,300 times. However, without a key, Lõhmus unfortunately cannot retrieve this astronomical wealth. In today’s session, Ethereum sits at $1,906.80, ETH/USD.…

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CMC markets
June 09, 2023 BY Alan Sayer

CMC Markets Acquires 33% Stake in Blockchain Business StrikeX Technologies

The companies will link up to combine StrikeX's expertise in tokenisation and self-custody technologies and CMC's extensive experience in financial services. In addition, CMC Markets will gain access to the latest blockchain-related products and services, allowing it to leverage the technology for its customers over the longer term. CMC added that the "arm's length investment"…

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May 18, 2023 BY Steffy Bogdanova

The FedNow digital USD to be released in July 2023

Conspiracy theories A digital currency could allow countries to bypass traditional payment systems and engage direct trade with the US and by doing so, reduce the role of intermediaries like banks. Some have suggested that a digital currency could allow the US to default on its debt without actually defaulting. This could be possible if…

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CQG releases CQG One
October 27, 2022 BY Steffy Bogdanova

CQG introduces Optio Research for institutional trading solutions

Ryan Moroney commented: As more institutional clients move toward Web3 blockchain-driven technology, Optio gives CQG the opportunity to accelerate our footprint and play a leading role in the fast-growing digital asset space. Terry Lam added: Over the last few years, we have seen the crypto marketplace develop rapidly. However, it is evident that the workflow…

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Capex and Web 3
May 26, 2022 BY Steffy Bogdanova

Fintech under Web 3 and decentralized finance

Due to these advantages of the DeFi systems, Web 3.0 can make the onboarding process more user-friendly. It can also make the storing of data safer. The list of contributing technologies to Web 3.0 can help fintechs automate processes to perform customer journey mapping and allocate resources more efficiently to meet client demands, facilitate better…

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New German government calls for crypto regulation
November 29, 2021 BY Steffy Bogdanova

New German government calls for crypto regulation

The document states: We are making European financial market supervisory law fit for digitization and for complex group structures in order to ensure holistic and risk-adequate supervision of new business models. We need joint European supervision for the crypto sector. We oblige crypto asset service providers to consistently identify the beneficial owners. The coalition agreement…

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Broadridge Financial Solutions
June 08, 2021 BY Steffy Bogdanova

Broadridge partners with AWS to release Blockchain-based Private Market Hub

Saman Michael Far, VP, Financial Services Technology, Amazon Web Services, added: We are excited to support Broadridge’s Private Market Hub, which accelerates the digitization of a critical part of the financial services infrastructure. Private Market Hub’s use of Amazon Managed Blockchain, a fully managed blockchain service, allows us to help Broadridge scale efficiently and more…

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January 28, 2021 BY Steffy Bogdanova

Reddit partners with Ethereum Foundation to build scaling tools

The official announcement stated: In many ways, this collaboration started with the Scaling Bake-Off that we hosted in this community with the Ethereum Foundation. In this new stage of our partnership, immediate efforts will be focused on bringing Ethereum to Reddit-scale production. Our intention is to help accelerate the progress being made on scaling and…

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